Metals One PLC (LON:MET1 – Get Free Report) dropped 11.1% during trading on Tuesday . The stock traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 1,559,585 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 1,905,267 shares. The stock had previously closed at GBX 0.35 ($0.00).
Metals One Stock Performance
The company has a market cap of £1.14 million and a price-to-earnings ratio of -2.84. The firm’s 50 day simple moving average is GBX 0.38 and its 200-day simple moving average is GBX 0.50.
About Metals One
Metals One is developing strategic metals projects in Finland (Black Schist Project) and Norway (Råna Project), with approximately £9 million of exploration carry exposure through a farm-in agreement. Metals One is aiming to help meet the significant demand for strategic minerals by defining resources on the doorstep of Europe’s major electric vehicle OEMs and battery manufacturers.
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